【Ethereum Foundation Sells Nearly 2,800 ETH in Two Hours, Cashing Out Over 12 Million USD】

According to PANews on August 13, on-chain data monitoring shows that the Ethereum Foundation's associated addresses have continuously reduced their ETH holdings in the past two hours, selling a total of 2,794.87 Ethereum. Based on an average transaction price of 4,574.4 USD during this period, the total cash out from this sale amounts to approximately 12.78 million USD.

It is worth noting that in the most recent 5-minute trading period, the address sold 1,100 ETH at an average price of 4,602.1 USD, resulting in a cash out of 5.06 million USD in a single time frame, raising market concerns about short-term selling pressure. $ETH #ETH突破4600